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October 4, 2007
Excerpt: The Age of Turbulence by Alan Greenspan
...seaboard and entered prohibited U.S. airspace, we were met...For example, the flow of auto parts from Windsor, Ontario, to Detroit...production—instead of stockpiling parts and supplies at the plant...shifts. In the meantime, the U.S. government had gone into high...
June 9, 2008
Asian stocks fall sharply
...instability overseas hit Asian stock markets, which were still trying recover from double-digit inflation rates in some parts of the region. ”The factors depressing the market, namely inflation and the global economic downturn, are not going to...percent lower, on track for its largest single-day decline in two weeks, with exporters like camera manufacturer Canon Inc and auto maker Honda Motor Co paving the way lower. MSCI’s index of other Asia-Pacific stocks was down 0.8 percent, taking...was down 1.8 percent. Financial markets in Australia, Hong Kong and the Philippines were closed for public holidays. U.S. light crude slipped $1.20 to $137.34 on Monday after it surged $10.75 on Friday on dollar weakness and tensions...
February 2, 2010
Neal S. Wolin testimony to Senate Banking Committee
...constrained tools to provide liquidity to healthy parts of the financial sector in a crisis, in...addition, the proposal would apply to the U.S. operations of foreign banking organizations that have a U.S. branch or agency and are therefore treated under current U.S. law as bank holding companies. The prohibition... By
February 8, 2010
Transcript: View from the Top with Tony James, president of Blackstone
...all, the banks aren’t backed by private equity firms, neither are the autos, neither are the airlines, neither are the auto parts companies for the most part. The big default in corporate entities that cost a lot of jobs, none of them were private... By
April 30, 2009
Fact sheet: Auto Restructuring Initiative
Obama Administration Auto Restructuring Initiative Chrysler-Fiat...close engagement with the President’s Auto Task Force, Chrysler, Fiat and their...not only been an icon of America’s auto industry and a source of pride for generations...stakeholders and a substantial commitment of U.S. government resources, Chrysler has an...Chrysler access to a global distribution network. Fiat’s technology will allow Chrysler... By
February 5, 2010
Wall St volatile after mixed US jobs report
...were also better than expected, helping to lift its shares 5.6 per cent to $73.36.American Axle & Manufacturing, an auto parts supplier, initially rose after cost cuts enabled the company to post a quarterly profit. The group, which narrowly avoided... By Samantha Pearson in New York
April 30, 2009
Full text: Obama auto remarks
...but at the businesses that produce the parts that go into them and at the dealers that...Montgomery to be the Director of Recovery for Auto Communities and Workers. Ed will be...Chrysler, we will not only see our American auto industry rise again, but we will rebuild...going to be able to make once again the U.S. auto industry the best auto industry in the... By
November 16, 2009
Full text: Bernanke speech
...financial institutions, the U.S. Treasury injected capital into...sustain the flow of funding for auto loans, small-business loans...and other policy actions, many parts of the financial system have improved...increased investor confidence in the U.S. banking system. A week ago...any further capital from the U.S. Treasury, and that aggregate... By
February 6, 2010
DoJ statement on Balli Aviation
...Group PLC, pleaded guilty today in the U.S. District Court for the District of Columbia...National Security; Channing D. Phillips, U.S. Attorney for the District of Columbia...Balli Group PLC, Balli Aviation Ltd., the U.S. Department of Commerce’s Bureau of Industry...
February 6, 2010
Obama promises no retreat on reforms
...for financial regulatory and healthcare reforms as he sought to boost the morale of fellow Democrats after the loss of a pivotal U.S. Senate seat. With his legislative agenda in limbo, Mr Obama came out swinging at a meeting of the Democratic National Committee... By